Market News Archives - Page 5 Of 6

Big Movers on D-St: What should investors do with Deepak Fertilisers, Asian Granito and Apollo Hospital?

27 May 2022 by Admin

The Indian market bounced back on Thursday after falling for three consecutive days. The S&P BSE Sensex rose more than 500 points while the Nifty50 closed above 16,100 levels. Sectorally, buying was seen in metals, banks, finance, as well as realty stocks while some selling was seen in FMCG counters. Stocks that remained in focus … Read more

Tech View: Nifty50 forms indecisive candle; upside hurdle seen at 17,500

16 February 2022 by Admin

Nifty50 on Wednesday came under selling pressure after testing its 20-day and 50-day moving averages. The index ended up forming an indecisive Spinning Top candle on the daily chart. The 17,500 level is a key hurdle to watch out for, said analysts. Wednesday’s was the second time when the index stumbled near these moving averages … Read more

Trade setup: 17K level on Nifty poses resistance; avoid entering major trades

14 February 2022 by Admin

In a largely disappointing session which can almost be called a “meltdown”, the Indian equity markets got swamped with a big corrective move. This move was fuelled by growing geopolitical tensions between Ukraine and Russia. Nifty saw a gap-down start. After opening lower, it only got worse as the markets grew weaker. The index went … Read more

Tech View: Nifty50 bulls in control; next hurdle seen at 18,200, say analysts

10 January 2022 by Admin

NEW DELHI: Nifty50 on Monday reclaimed the 18,000 mark and formed a bullish candle on the daily chart, after making indecisive candles in the previous two sessions. Analysts said the index has come out of a range and some more upside is possible. They, however, expect Nifty50 to see strong resistance in the 18,200-18,400 range. … Read more

TCS, Infosys, 6 other cos add Rs 1.2 lakh crore to market value in a week

4 April 2021 by Admin

NEW DELHI: Eight of the top-10 most valued companies together added Rs 1,28,503.47 crore in market valuation last week, with IT majors Tata Consultancy Services and Infosys leading from the front. The valuation of Tata Consultancy Services (TCS) jumped Rs 36,158.22 crore to reach Rs 11,71,082.67 crore, becoming the biggest gainer among the top-10 most … Read more

Will a halt to bull run end brokers’ honeymoon with retail investors?

3 March 2021 by Admin

NEW DELHI: No matter whether you made money in the breakneck stocks rally in last one year or not, brokers definitely got richer at a much faster clip, thanks to a surge in trading volume. But that period of stupendous growth might be getting over. CDSL, which provides depository services, added over 1 crore investors … Read more